Property Accounting Analyst – Real Estate Portfolio

SpectrumCareers

Bethesda (MD)

On-site

USD 70,000 - 110,000

Full time

3 days ago
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Job summary

SpectrumCareers is seeking a detail-oriented Property Accountant to support accounting operations for a real estate portfolio. You will handle property-level accounting, monthly financial reporting, reconciliations, and month-end close activities.

The ideal candidate has 2–5+ years in commercial real estate or property management, strong GAAP knowledge, and proficiency in Excel and real estate accounting systems such as Yardi or MRI. This role offers growth within a collaborative team.

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field.
  • 2–5+ years of accounting experience in commercial real estate or property management.
  • Strong understanding of general ledger accounting, reconciliations, and month-end close.
  • Experience with property-level financial reporting and operating expense management.
  • Proficiency in Microsoft Excel and accounting software.
  • Experience with Yardi, MRI, or similar real estate accounting systems is a plus.
  • Strong analytical, organizational, and problem-solving skills.
  • Ability to manage multiple properties, prioritize deadlines, and work with cross-functional teams.
  • Excellent written and verbal communication.

Responsibilities

  • Manage day-to-day accounting activities for a portfolio of commercial real estate properties.
  • Prepare and post journal entries, accruals, prepaids, and other month-end adjustments.
  • Perform monthly bank reconciliations, balance sheet reconciliations, and general ledger reviews.
  • Prepare monthly financial statements and property-level reporting packages.
  • Monitor property income and expenses, investigate variances, and ensure accurate financial reporting.
  • Review accounts payable invoices for proper coding, approval, and allocation to the appropriate properties.
  • Assist with accounts receivable activities, including tenant billings, rent payments, and outstanding balances.
  • Track capital expenditures, fixed assets, and property improvement projects.
  • Assist with CAM reconciliations, tenant recoveries, and operating expense allocations, as applicable.
  • Support budgeting and forecasting activities by providing property-level financial information.
  • Coordinate with property managers, asset managers, and internal accounting teams to resolve discrepancies and address financial questions.
  • Assist with annual audits, tax preparation requests, and other financial reporting requirements.
  • Maintain accurate accounting records and ensure compliance with GAAP and internal controls.
  • Identify opportunities to improve accounting processes and streamline reporting procedures.

Job description

SpectrumCareers is seeking a detail-oriented Property Accountant to support accounting operations for a real estate portfolio. You will handle property-level accounting, monthly financial reporting, reconciliations, and month-end close activities.

The ideal candidate has 2–5+ years in commercial real estate or property management, strong GAAP knowledge, and proficiency in Excel and real estate accounting systems such as Yardi or MRI. This role offers growth within a collaborative team.

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